TATA STEEL PLANS TO SPEND Rs 20,000 CRORE IN FY27 FOR EXPANSION AND ADOPTION OF NEW TECHNOLOGIES

is planning to spend around Rs 20,000 crore as capex in the current financial year, out of which a major share will be spent to support the India business. The capex for the ongoing FY27 will be around 38% higher from the Rs 14,559 crore that was spent on capital expenditure in the preceding 2025-26 financial year. The company has a consolidated steelmaking capacity of over 36 million tonnes per annum (MTPA), which includes India (27.35 MT), the Netherlands (7 MT), and Thailand (1.7 MT). It aims to increase it's capacity to over 50 million tonne in the long-term. The increase will be mainly in India, where the company is working on plans to add over 12 MT. For FY2025-26, the company has reported a Profit After Tax (PAT) of Rs 10,886 crore, which is 242% higher than the PAT of Rs 3,174 crore for the previous FY2024-25. Further, the company has been maintaining a healthy dividend payout of 25% thereby making it a good investment opportunity for long term.